Pema Choki

Foreign currency account liberalization will be done

During the 50th Meet-the-Press, the Finance Minister Namgay Tshering was questioned on the outflow of convertible currencies and on the liberalization of Foreign Currency Account (FCA). According to the Finance Minister, the depletion of foreign reserve is due to high imports. The Constitution mandates to have a minimum foreign currency …

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SDF earnings zoom up since tourism reopening

In the Parliament session, the Finance Minister shared that the country has generated USD 16 mn in the past 8 months since the reopening from 52,000 tourists, with about 32,500 Indian tourists paying INR 1,200 and about 19,000 dollar paying tourists with a little over half of them paying under …

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MOICE minister answers queries on hotels and age limit

During the Question and Answer session in the parliament, the Minister of Industry, Commerce and Employment Karma Dorji was questioned by the MP of Kengkhar-Weringla on the new tourism levy which has affected the tourism sector and the hoteliers asking what support is provided or the government is planning to …

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Finance Minister answers MPs queries on DSA, pension, NCGS, Rural Life Insurance and youth entrepreneurship

During the Question and Answer session in the parliament, Members of Parliament (MP) questioned the Minister of Finance Namgay Tshering regarding National Credit Guarantee Scheme (NCGS), Rural Life insurance scheme, Daily subsistence allowance (DSA), pension scheme, and youth entrepreneur ship. The MP from Dramedtse-Ngatshang constituency questioned the minister with regards …

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